• Broadway producer Hal Prince, who put his co-op at 834 Fifth Avenue on the market for $33 million back in September, has picked up a new place nearby. The Phantom of the Opera producer and his wife, Judy, have paid $12.5 million for a seven-story townhouse at 48 East 74th Street. The five-bedroom home was first listed in January for $15.5 million. [NYO]
• Director Oliver Stone has gone into contract to buy a condo at One Morton Square. The pad had been listed most recently for $1.9 million. [NYP, PDE]
• Rory Kennedy, the filmmaker and youngest daughter of Robert and Ethel Kennedy, has sold her two-story house on Shelter Island. Kennedy sold the home, which isn't far from the property that Jonathan Adler and Simon Doonan picked up last year, for $2.967 million. [Newsday]

• Former Vassar College president Frances Daly Fergusson has sold her two-bedroom apartment at 61 Jane Street for $1.6 million. The buyer is Gavin Parks, a mergers and acquisitions consultant, and his wife Elizabeth. [NYO]
• Former Mets infielder Edgardo Alfonzo has finally closed on the sale of his house in Little Neck, NY. The Mediterranean-style home, which had been one-and-off the market for three years, sold for $3.65 million. [Newsday]